# PPP loan: THE CHRYSALIS CENTER
> **$3.47M** approved 04/03/2020 · Paid in Full · Loan `4524717005`
## Borrower
- **Name:** THE CHRYSALIS CENTER
- **Address:** 522 S. MAIN ST, LOS ANGELES, CA, 90013-1422
- **NAICS:** 561311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.47M
- **Initial approval:** $3.47M
- **Forgiven:** $3.51M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.09M
- **Rent:** $70K
- **Utilities:** $60K
- **Health care:** $250K
- **Jobs reported:** 483
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*